European Union

SMEs are having huge opportunities for development with the presence of free trade agreements, the Industry 4.0 and new business models.

Students can start studies in Poland and continue elsewhere in Europe and vice versa.

The EU is the second largest import market in the world, accounting for 14.9% of total global imports, and Vietnam’s second largest export market.

Vietnam’s exports to key markets such as the US and EU sharply rebounded across many sectors.

The city expects to promote the Hanoi brand as an attractive tourism destination the region and the world, and advertise the city’s image at major markets.

Vietnam is one of only four Fitch-rated sovereigns in the Asia Pacific that Fitch Ratings expected to post positive economic growth in 2020.

EVFTA provides a means of market diversification for EU and Vietnamese businesses.

Vietnam's trade turnover is likely to have reached US$238.4 billion in the first half this year, down 2.1% year-on-year.

Once Vietnam's parliament ratifies the trade deal, it can enter into force 30 days after Vietnam and the EU have notified each other that legal procedures have been completed.